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What courses are required to obtain your real estate license in Ontario

 

What is required to obtain your real estate license in Ontario

This page will outline the specific course requirements for you to obtain your real estate license in the province of Ontario.

The first step to take with your courses to obtain your real estate license in Ontario is to complete all three pre-registration courses within 18 months of the Phase 1 start date.

Phase 1: Real Estate as a Professional Career.

Phase 2: Land Structures and Real Estate trading and the real estate transaction.

Phase 3: Residential Real Estate as a Professional Career or Commercial Real Estate as a Professional Career

Once you have completed your courses above to obtain your real estate license in Ontario you are then licensed and able to sell real estate while being employed by a brokerage in Ontario.  The next phase of your courses is called the articling phase.

2-YEAR ARTICLING PHASE

This articling phase must be completed within two years following initial registration with the Real Estate Council of Ontario (RECO).

Real Property Law
Remaining Phase 3 course (RES)
Remaining Phase 3 course (COM)

In addition to the above, you must complete one of these courses:
Principles of Appraisal
Principles of Mortgage Financing
Real Estate Investment Analysis
Principles of Property Management

Once you have completed the above courses along the path of courses to obtain your real estate license in Ontario you are well along your way to a long term career in real estate.

Registered salespeople may pursue broker registration once completing the Real Estate as a Professional Career program, Articling Phase, and one additional elective.

The institution that governs your courses to obtain your real estate license in Ontario is called OREA (Ontario Real Estate Association).  They have what is called, the OREA Real Estate College and they are the body that develops and administers the educational courses that are required to become a registered real estate salesperson on behalf of RECO (Real Estate Council of Ontario). Courses are offered as e-learning, classroom or correspondence.

A successful career in real estate doesn’t just happen and rarely comes easily. Real estate sales are extremely demanding and a personal commitment to excellence is essential.

Those people, like you, who enter the profession will travel a challenging road.  Be prepared to invest time and money in a life-long learning exercise.

Completing required courses is just the beginning of a journey with your courses to obtain your real estate license in Ontario that requires continuing education to maintain your edge and professional credentials. Every two years you will be required to take another 24 hours of courses to ensure you are current and active with the real estate industry.

The market is dynamic, legislation is constantly changing, and new technologies are continuously emerging.  It’s no wonder that knowledge is power in the real estate marketplace.

Personal sacrifices are also a reality. In the heat of negotiations, most buyers and sellers have little regard for the time of day.  You have to be prepared to work long hours, encounter high stress levels, and you will likely have a reduced social life for the first 5 years you are in the business.  It’s also true that a career in real estate is anything but routine and you are called to action at all times and hours of the day.

Still, successful people in the profession are the first to say it’s a matter of perspective and balance. Trade-offs must be made, but the personal freedom, a satisfying career, and the long-term benefits are well worth the effort.

High-tech Pays Off – In my experience, today’s leading salespeople tend to rely on integrated databases, hand-held smartphones and personal computers, global positioning systems and virtual house tours that can be e-mailed on the spot to clients.  You will have to determine what works the best for you and use it to help your clients and enhance your career!

The main educator in Ontario and the governing body that certifies you to become a Real Estate Agent in Ontario has a website, OREA, which offers information and courses about What is required to obtain your real estate license in Ontario!  You may read more about how to become a real estate agent
 

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This page has dealt with your courses to obtain your real estate license in Ontario, I hope you have found it useful.

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